Accounts Receivable

12 Months Ended

Dec. 31, 2015

Accounts Receivable [Abstract]

ACCOUNTS RECEIVABLE

Note 5.

Accounts Receivable

Accounts receivable at December 31, 2015 and 2014 are summarized as follows:

		2015		2014
Trade	$	79,100	$	90,494
Allowance for doubtful accounts		(1,485)		(1,036)
		77,615		89,458
Other		872		720
	$	78,487	$	90,178

The Company’s customers are principally in the rail, construction, and energy sectors.  At December 31, 2015 and 2014, trade receivables, net of allowance for doubtful accounts, from customers were as follows:

		2015		2014
Rail Products and Services	$	43,155	$	45,931
Construction Products		20,489		33,760
Tubular and Energy Services		13,971		9,767
	$	77,615	$	89,458

Credit is extended based upon an evaluation of the customer’s financial condition and, while collateral is not required, the Company periodically receives surety bonds that guarantee payment.  Credit terms are consistent with industry standards and practices.